Company Info
Administrator
The Administrator, whose primary business is the design and administration of vehicle service contract programs, is a leader in the service contract industry, with over $210,000,000 in gross written premiums and over $71,000,000 in assets and capitalization.
The Administrator is the center hub of several automotive-related entities with a common focus: to provide insurance and related services for automotive product liability. This is accomplished through administrative and support companies working with The administrator to cover all aspects of the current and emerging industry needs.
- Insurance
- National Market Access
- Claims Administration
- Service Contract Design
- Marketing
- Emergency Road Service
- Financial
Insurer
The insurer is a licensed Insurance Company domiciled in South Carolina. The Company was created in compliance with the Federal Risk Retention Act of 1986 in order to provide insurance need for automotive service contracts and related product liabilities. USA Risk Group, an international management company, acts as the South Carolina captive manager captive manager.
Reinsurer
The administrator has a reinsurance agreement with one of the largest reinsurance carriers in the world with rating of A, the highest possible financial rating. Thus, the administrator is able to offer the financial security and strength that people can rely upon.